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British Airways is holding a “Bermuda Day Seat Sale” to celebrate its centenary, offering a 25 per cent discount on World Traveller fares for travel to London later this year and early in 2020. The sale begins today and concludes on June 6. The reduc...

Shares of Butterfield Bank fell by $2, or 5.3 per cent, to $36 after 15,893 traded on The Royal Gazette/BSX Index. Meanwhile, on the New York Stock Exchange, the bank’s shares were down $1.24, or 3.34 per cent, at $35.90. The Royal Gazette/BSX Index ...

MS Amlin has acquired a strategic stake in Envelop Risk, a global specialist reinsurance managing general agency with a focus on artificial intelligence-driven cyber-risk modelling. The investment sees MS Amlin take a minority strategic stake in the ...

Argus Group has acquired One Team Health, a Toronto-based third-party overseas care administrator. The Bermudian-based insurer said the purchase would bolster its efforts to reduce healthcare expenses while improving quality of care. Alison Hill, chi...

Axis Capital Holdings Ltd has launched a refreshed brand, logo and website. “Our new visual identity builds on our storied history and strengths, but breaks out to reflect Axis’s bold actions and future,” said Albert Benchimol, the chief executive o...

Belco held an official launch ceremony for its new Battery Energy Storage System, which the company believes will cut fuel and maintenance costs by $2 million a year. The huge lithium batteries at the heart of the Bess provide Belco with reserve capa...

Shares of One Communications Ltd improved by five cents, or 1.4 per cent, to $3.55 after 1,500 traded on The Royal Gazette/BSX Index. There was trading in 5,500 shares of BF&M Ltd, and 15 shares of Butterfield Bank, but with no change to the closing ...

A body representing Bermuda’s leading international re/insurers welcomed the island’s removal from the European Union tax blacklist and pointed out the depth of the industry’s relationship with Europe. The Association of Bermuda Insurers and Reinsu...

Bermuda’s international business sector applauded the decision by European Union to remove the island from its tax blacklist. The EU’s Economic and Financial Affairs Council confirmed at a meeting in Brussels on Friday that the island is no longer on...

“Financing Your Co-operative” is the theme of a seminar to be staged by the Bermuda Economic Development Corporation in Hamilton next month. Christina Jennings, the guest presenter will talk about how co-operatives’ frustrations with trying to get fi...